Commercial Property Trust (Sydney, Australia) - Existing Units
| Categories: | Funds, Property |
| Sale Type: | Asking Price |
| Price Guide: | AUD $10.00 per unit (9% discount to NTA of A$11.04) |
| Status: | Closed |
Summary:
This sale of existing units in the long standing, successful property Trust whose aim is to generate recurring distribution income and grow its Net Tangible Assets (NTA) per unit through investments in property opportunities.
The major asset is a large-scale, multifaceted mixed-use precinct located at North Strathfield, NSW, Australia. The configuration, design and features of buildings have been developed to suit large scale commercial tenants.
A Call Option was granted over the major property in July 2017 with non-refundable call option fee being paid of A$38M. Settlement is scheduled for August 2018. Anticipated NTA in August 2018 is A$11.04 per unit.
Interested Buyers are welcomed to nominate a firm price and volume.
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